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        <ExplanationTxt>THE GRANTING OF FUNDS REQUIRE BOARD APPROVAL. ONCE THE GRANTEE SUBMITS A PROPOSAL, THE BOARD STUDIES AND DISCUSSES THE MERIT OF THE GRANT AND MAKES SURE THE PURPOSE COINCIDES WITH THE MISSION OF THE FOUNDATION. ONCE THE GRANTS ARE APPROVED, THE FUNDS ARE RELEASED. THE GRANTEE IS REQUIRED TO SUBMIT PROGRESS REPORTS.</ExplanationTxt>
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        <ExplanationTxt>DISCLOSURE OF IMPORTANT DOCUMENTS TO THE PUBLIC: THE TAX RETURNS ARE SUBMITTED TO THE ATTORNEY GENERAL. THE GENERAL PUBLIC CAN ACCESS CORPORATE INFORMATION FROM THE SECRETARY OF STATE.</ExplanationTxt>
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